Answer:
$3,250.00
Explanation:
Cost price for the truck is $42,000
Salvage value for truck is $3000
Depreciable amount is cost price - salvage value
= $42,000 - $3000
=$39,000
The truck has three years of useful life: depreciation per year will be
=$39,000/3
=$13,000
In 2019, the truck operated for three months, ( October, November, and December)
The amount of depreciation to be recorded in 2019
=$13,000/12 x 3
=$,083.3333333 x 3
=$3,250.00
27,64,125 because its 3x3x3 4x4x4 and 5x5x5
Answer and Explanation:
The computation is shown below:
Marcus’s original Consumer surplus is
= Willing to pay - customer actually pay
= $45 - $35
= $10
Marcus’s producer surplus from the resale is
= Amount received by producer - the minimum amount to accept
= $55 - $45
= $10
Starling’s consumer surplus from the resale is
Willing to pay - customer actually pay
= $80 - $55
= $25
And, the Total surplus generated from the resale is
= Producer surplus + consumer surplus
= $10 + $25
= $35
